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Infrastructure 
Infrastructure costs set to rise as fuel prices increase
Infrastructure projects are feeling the recent fuel price hike squeeze, with the country’s most recent hikes set to further increase…
Egypt hikes fuel prices for the third time in 2024
Petrol prices have risen by 33-38% and diesel prices have jumped by 63.6% since the beginning of 2024
AstraZeneca to nearly double local pill production by 2028 as part of USD 50 mn plan. PLUS: BAIC Group, Fiat + Dynamic Distribution, Capricorn, Jaz Hotel Group, Ferrum Egypt, NextEra, Makanak, Melee, City Lab
The big pharma giant also wants to localize 80% of units produced at its Egypt plant by 2028
Gov’t hikes subsidized butane prices by up to 50%
The price hikes are expected to save the state over EGP 27 bn in annual expenditures
Egypt hikes car fuel prices by up to 15%
This marks the second fuel price hike this year
Madbouly hints at pricier bread, fuel, electricity
The government allocated EGP 125 bn to bread subsidies for the upcoming fiscal year
Egypt hikes car fuel prices by by 8-21%
Diesel car drivers saw the biggest increase, with a 21.2% hike to EGP 10 per liter
Egypt hikes car fuel prices by up to 21%
Good morning, ladies and gentlemen, and happy Friday. It’s week two of Ramadan in the capital — where did the…
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